Improvement of production capacity in ET "NOVA - BORISLAV BORISOV"

ET "NOVA - BORISLAV BORISOV" was established in 1999 and it is specialized in the production of metal caps - Omnia and "Twist off", classified as activity with code NACE 2008 C 25.92. Manufacture of light metal packaging. The main objective of the project is to improve the production capacity of the enterprise in order to increase its competitiveness and increase its export potential. The main object of the project is the implementation of an initial investment in fixed assets related to the expansion of the capacity of the existing business facility and leading to the creation of prerequisites for production of more than the currently produced "twist off" caps. The project will be implemented through the implementation of the Action for Improving the Production Capacity of the Applicant / Part 1 and 2 /, within which the following FTA will be acquired, necessary for the implementation of the project and leading to improvement of the production capacity and expansion of the capacity of the existing business facility: 2 pcs. Automatic line for packing caps. Through the project realization, the obstacles to the competitive development of the enterprise and its export activity and potential due to the following factors will be successfully overcome: -use of old technologies and equipment to implement production processes; - high production costs and the need for optimization of production chains; - Lack of sufficient production capacity to meet market demand volumes; - lower quality of the produced products. The investments in tangible fixed assets will directly lead to improvement of production capacity through: improvement of production processes, incl. achieving higher productivity and increasing the volume of produced products; reduction of production costs; improving the offered products . As a result of this, the main objective of the project will be achieved, which corresponds directly to the purpose of procedure BG16RFOP002-2.040.

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Overview

Status Closed (completion date)
Start date 04 Mar, 2020
End date 04 Mar, 2021
Contract date 04 Mar, 2020
View in UMIS

Financial information

Total cost 300,000.00
Grant 210,000.00
Self finance 90,000.00
Total paid 0.00
EU participation percent 85.0%

Location